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across the board. joining us now to talk fiscal cliff and ramifications for all of us around here in the d.c. area, virginia congress member gerry connolly, a democrat representing annandale, parts of prince herndon county, fairfax, welcome, sir. we know the arguments by now, very familiar. the president wants to cut off the tax cuts for everybody making over a quarter million. john boehner and the house republicans would rather see deductions and hoop holes closed. why are you? are you with the president wholeheartedly on this? >> well, i certainly agree with the president that we need to let the top tax bracket expire. he ran explicitly on that. there weren't a lot of explicits in this presidential campaign, but that was one of them. i think it ought to be open to negotiation what the income threshold is. the president laid out 250. i think there's maneuverability there. i think that's probably too low. >> is there maneuverability on the percentage? could it be 37 or 38? >> i think he has signaled that he's willing to negotiate on that, but the republicans have simply said no ta
the fiscal cliff. tonight maryland's senator ben cardin joins me for some perspective from the other side of the river. senator, we're so glad to have you. >> my pleasure. >> we are in the midst of a stalemate, the president holding onto the idea of raising rates, the congress dominated by the mouse republicans saying we want to -- house republicans saying we want to close loopholes. where are you on this and why not have a combination of the two? >> it seems like both sides agree revenues have to be an important side of the equation and that's true. the easiest way to get revenue is through the rates. the senate passed this bill. it's in the house that allows tax relief for up to $250 to become law. that gives predictability and confidence and we can then have the revenue from the higher income to help deal with the fiscal cliff. the problem with closing loopholes is it's difficult to get anywhere near the type of revenue you can get from the rates on the higher income. >> fair enough. now if there is a compromise and you get the rates you want, don't you have to give up something? what
signs of some serious talking when it comes to taking care of the fiscal cliff. >> jessica doyle is here with more on the growing fears about what could happen if the stop signs aren't thrown up in time. >> good morning to both of you. we continue to see the situation play out like a high stakes game of chicken. the white house is saying publicly it will let the nation go over the fiscal cliff if republicans don't fall in line with the president's demands to raise taxes on the rich. the g.o.p. is pointing fingers, too. you don't have to look too hard in washington these days to see the fiscal cliff theater. >> nobody wants to get this done more than me. >> our goal is to make sure it gets solved. >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this. but they have to be willing to come to the table with specifics. >> the next 72 hours are critical. if he sits back and continues to play politics, that will give your answer where we're going. >> some lawmakers are actually going back home to their districts. congress has little scheduled b
'll be back in a few minutes at 5:10. back to you guys. >> thank you. >>> looking at the fiscal cliff, well, the senate became entangled in one aspect of the federal debt problem thursday by debating a bill to allow the president to increase the debt ceiling without congressional approval. >> the republicans who initially brought the bill to the floor were not happy when it came to the changes that the democrats forced so they blocked it from moving forward. the president shared his views with a virginia family when it comes to the fiscal cliff and tax cuts that could happen. delia goncalves is live on capitol hill with more on that this morning. good morning, delia. >> reporter: good morning. mike, andrea, it appears we were here live on capitol hill just two weeks ago talking about a compromise. remember that? well, now we're back and it seems that those talks that had so much promise, well, they seem they've come to a screeching halt. now congress people are pointing the finger among increasing pressure to strike a deal before the january 1 deadline. they're now blaming each other for st
will cut 11,000 workers worldwide. other banks will have cuts next year as well. let's talk fiscal cliff. the median prediction is 1.5 million jobs may be lost next year including 110,000 in the defense industry if lawmakers fail to come up with an agreement soon. let's talk about the rivalry between twitter and facebook. twitter says users are experiencing issues with viewing instagram photographs. facebook looking at purchasing the service, driving traffic to its own website. a 13-year-old girl thinks the classics easy-bake oven should be marketed to boys as well. and wonder bread/host this may have a buyer -- hostess. >> we will talk to you soon. still to come, an online business has turned into a court battle in fairfax county. >> and a boost for those >> president obama has declared d.c. a disaster area, opening up federal money to help cover emergency work and repairs from the storm. and to protect against future disasters. chris christie expected to be in d.c. today pressing for more aid following hurricane sandy. the new jersey governor wants full federal reimbursement for some s
're pushed off that fiscal cliff. surae chinn is on capitol hill tonight and has their story. >> reporter: well, derek, they have plenty of stories and they put it in this so-called storybook and it's titled moms and families can't bear more than their fair share. in it they talk about struggling to make ends meet as it is. they put this all in a storybook with families all across the country and they say teetering on the fiscal cliff has pushed moms to come to capitol hill. >> tons of working moms who are barely able to make it work. >> reporter: silver spring maryland mom clara pager with 10-month-old cassady and a teddy bear in walking the halls of congress, but the stuffed animal is not for her child but for lawmakers. >> the teddy bear for representative wolfe. >> it steams like it's the middle class family -- seems like it's the middle class families who the cuts get made on because they don't have a voice here to speak for them. >> reporter: page is part of an online grassroots organization called momsrising.org, their goal? improve public policy for working families handing out
and congress -- ♪ you are now screwing up this fiscal cliff stuff royally with your hard line positions and your ridiculous protestations that you can't compromise. here's why. we are close, very close right now, within our grasps, to becoming the leader of the world when it comes to technology, innovation, natural resources, and finance. you are the only thing standing in our way. you are our ball and you are our chain. we saw glimmers of it today. like today dow rallies 40 points, s&p gained .33%, nasdaq .52%. whether it's the ceos of the biggest of the big,or the smallest of the small. tonight's guest of lumber liquidators, the intransigence the mean-spirited debates, the pledge is not to raise taxes, it's costing this nation a once in a lifetime opportunity to reassert itself as the leader of the free world. and faster growing the repressive communist world to boot. your inability to give us a deal, any deal is crushing our economy. allow me to explain. since i read @jimcramer on twitter, people say i'm biased. i believe that the compromise which all the common sense people are look
. >>> the fiscal cliff countdown clock keeps on ticking tonight with no deal in place. just 25 days remain until the country could be pushed over the edge. today in northern virginia president obama visited a middle class falls church family. he says people like the centanas could be hit hardest if congress doesn't extend middle class tax cuts. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> the president proposed a plan that members of his own party won't even vote for. >> now the president does want tax rates to go up on the wealthiest americans. republicans are standing behind their counteroffer to close tax loopholes and limit some deductions instead. they say the president needs to deliver a new plan that congress can pass. >>> let's take live look right now. this is the ellipse where we are just moment as way from the lighting of the national -- moments away from the lighting of the national christmas tree. erica grow has been out there all afternoon. p
. >>> 9news continues to prepare us for the upcoming fiscal cliff and how it will impact your money. >> jessica doyle is helping lead the effects on you team. this morning she's talking about how falling off that cliff will affect students in the classroom. jess? >> that's right. thanks so much. the fiscal cliff could hit our schools hard. it could be especially tough for programs that help children in need. joining me this morning is meg, the president of the national education association of virginia. we also have national nea representative dennis roikle with us as well. thank you for coming in so early this morning. >> good to be here. >> i want to start with you. overing picture, -- overarching picture, what is the big picture? what can we stand to lose because of the cliff? >> if nothing is double, it will be across the -- is done, it will be across the board cuts that translates into $4.8 billion. it will impact nine million kids, including 80,000 in head start. it will take a million dollars out of special education and we'll do awfully those cuts to kids and education so th
their conversation with no break in the deadlock over how to avoid the rapidly approaching fiscal cliff. the president's secretary said the administration is absolutely 3r-7d to go over the cliff if republicans don't agree to tax rate increases. speaker boehner says it is now up to the president to spell out a plan that will pass. the president told business leaders that ending fights over extending the country's debt ceiling have to be a part of this deal. now part of our deal here at 9news is having gary nurenberg follow these fiscal cliff developments. he is here with tonight's wrap- up. >> reporter: an knit tax you are right, the president and the speaker got on the phone but as if to signal the lack of progress the house got out of town. the republican controlled house left town wednesday saying it has nothing to do. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> reporter: the president's treasury secretary said there's no room for negotiation on its demand for tax rate hikes for top income earners. >> is the administration prepared t
in their heels, and with no move to avoid the fiscal cliff, or to raise the debt ceiling which is currently at $16.4 trillion, now there's new concern about what could happen to our credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limits. president obama called it a dangerous lesson when he talked to business leaders today. >> the only thing that debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may refuse to raise the debt ceiling and risk defaulting on the country's loan. >> that is a bad strategy for america. it's a bad strategy for your businesses. and it is not a game that i will play. >> reporter: republicans are pushing back. >> he's the president, not the emperor. he does not have the power. >> reporter: fiscal cliff negotiations have been at a standstill since monday. not by raising rates on the rich as the president had insisted. >> we're not insisting on rates just out of spite, but rather because we need to raise a certain amount of reve
a fallback plan for the so called "fiscal cliff", which includes extending tax cuts for the middle class and resuming a fight over spending and taxes for the wealthy later. meanwhile, going overseas, nato makes a move on the turkish border with syria. military officials deny preparations for military intervention. protesters in egypt march on the palace as mohamed morsi flees. international and domestic news is all on the table for you this morning as we open up the phone lines. also, send us a tweet. or post your comment on facebook. or send us an e-mail. we will get back to that new york times story. first, some other headlines on the domestic front. here is the "washington times." also, sticking with the senate, the baltimore sun reporting this headline -- in politics, here is the denver post -- open phones before the first 30 minutes. we have a short show because the house is coming in at 9:00. steve in gaithersburg, maryland, a republican caller. caller: host: when did the republican party become the party that restricts poor? i understand the tax cut for the rich is important to so
the battle to avoid the fiscal cliff. another day ends with no face-to-face meeting between the president and the congressional leaders to break the stalemate. the president left town for a photo on with a middle-class family in west virginia. >> president obama says he's trying to highlight the impact of the tax hikes on the middle class. but the growing pressure from washington to stop the campaigning and sit down face-to-face. president obama headed to northern vavevave. he sat down with tiffany and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessary because democrats and republicans are not coming together to solve the problem gives you a sense of the cost. >> tiffany used twitter to tell the president that her family can't afford the tax increase. back in washington, more gridlock. >> it up to the republicans to decide how long it is going to take. >> the president, he isn't interested in a balanced agreement. >> with both sides stuck on the tax hikes for the top 2%. >> i think it can be done before it does significant damage. >> he warns that they sh
. at the live desk, melissa mollet, news 4. >>> today we could see the impact, the threat the fiscal cliff is having on our economy, even before the end of the year, the labor department will release its november jobs report this morning. many economists believe fewer than 100,000 new jobs were created this month. that may be because companies are waiting to hire more companies until after the financial crisis is resolved. superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an extended family. we have two sets of adult incomes in our home. it would be more like a $4,000 tax increase for us, which would be relatively devastating for our family. i wanted to share that with the
200010 quake. >>> while the debate over the fiscal cliff dominates the headlines, the concern in washington is the middle class. >> the hardest most biggest segment of the population it is supposed to hit if this does happen. delia goncalves is live with more. >> reporter: good morning. absolutely. this is a very complicated issue that seems to just be boiling over without any real compromise, even though we saw some signs of promise a couple of weeks ago. another stalemate here on capitol hill. easily everyone agrees that middle-class families should be spared in this whole situation. they stand to see on average tax increases of $2,000 if congress doesn't take action. so everyone agrees let's spare middle-class families. the only thing that folks are disagreeing on are two other proposals that could possibly solve this fiscal crisis. the first proposal, democrats want to raise taxes on the wealthy 2%. but republicans favor tax reform instead. they say raising taxes on the wealthy could hurt business. the other solution, possible solution involves raising the debt ceiling. pr
-called fiscal cliff. the president and republican leaders came out tough today with some tough talk about the other side's plan. fox 5s tom fitzgerald was following the story. 26 more days to go on this. >> reporter: time is running out, shawn. involving a white house and top gop officials were both out talking a lot today about the need to strike a fiscal cliff deal and what they were doing is tacking with each other, with no new talks scheduled between the major players in the debate and the speaker of the house finds himself defending his own plans for members of his own party. in northwest d.c., president obama is on the hard sell trying to convince a group of business executives to support raising taxes on the wealthy. >> let's allow higher rates to go up the top 2%, and that includes all of you, yes? >> reporter: saying a fiscal cliff deal must include new revenues. the president pushed his plan to raise taxes on household earning over $250,000 a year. >> and i am here to tell you that nobody wants to get this done more than me. >> reporter: john boehner has a hard sell of his own w
, everybody is saying it is a fiscal clove -- a fiscal slope, not a fiscal cliff. it is not like a zombie accomplice happens. if market confidence was up the window, that could be damaging. >> i think is likely there is going to be a deal, some other deadline for another deal next year. it is really important and they not said a whole series of opportunities to have that kind of collapse again. they have a couple months, but they have to make sure whenever they come up with for the last significant period of time. i think that will build confidence. i want to come back to the question of housing. i think is so important to overstate the importance of housing to the economy. especially from the starter business and start up perspective. those are the companies with a lot of job creation. they all grow very rapidly, sometimes growing into large companies. they are not starting up that high written all right now. a big chunk of that is confidence. folks often do not have financial resources. if there are looking at the value of their home and 401k, they are taking a risk. there are calculati
broadly described under the umbrella of the terminology, fiscal cliff. when we confront those difficult challenges, we have to ask ourselves a couple of basic questions. one of the basic questions we must ask is, what will be the result and will be the impact as it relates to middle income families? what will happen to them in the midst of all these tough issues we have to work out? we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on families, halting employment growth, driving unemployment up instead of down, triggering a deep cuts to programs that families across the country count on. the job before the united states congress is to reach an agreement that builds on the economic progress that we are making, and puts us on a path to fiscal stability. we need to cut more spending, and generate more revenue. we need to do it in a smart way that keeps our economy growing. earlier this year, congress extended the payroll tax cut through 2012. the two percentage point payroll tax cut has p
's supposed to address the nation sometime today. >> the guess call cliff is less -- the fiscal cliff is less than a month away. >> house speaker john boehner and -- may be willing to take the plunge. doug luzader has more. >> the white house is drawing one line in the sand after another. republicans will give in as we approach the end of the year. >> we can solve this in about a week. it's not that tough. >> the president speaking to business leaders in washington. saying he is willing to make a deal. but his point man on fiscal cliff negotiation struck a much different tone. if republicans don't but specifically tax rates on upper earners the white house is ready to go right over the cliff. >> we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2%. >> largely backs the president on those rates. 48% support the plan to raise them on upper earners compared to 32% of leaving rates unchanged. when it comes to government spending, the gop has the edge. to help balance the budget, spending cuts should take precedence over tax hikes, 46 to 30%. and leade
that created it. >> bill: sure. they're the ones who brought us to the fiscal cliff as we were talking yesterday because their super committee failed to do its job and now we have the sequestration hanging over our heads. >> they constantly create a situation, try to blame obama. >> bill: kevin, do you think we dare say look, hold the line and if you don't raise rates on the top 2%, we're not going to make a deal? >> absolutely. hold the line. i'll gladly pay more taxes than to have some rich son of a bitch pay more. >> bill: you and me both. that's all right. i'm willing to do it. i am a patriotic millionaire. i ought to -- i should join the club. thanks, kevin for the call. >> announcer: this is the "bill press show." which was just as you say -- maybe it was starve the beast. i'll look it up during the break. going to do the young turks. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party o
. >>> a family in falls church, virginia, is the face of the white house push to avoid the fiscal cliff. president obama paid them a visit to find out how tax increases would impact them. right now, there's still no agreement with republican lawmakers. nbc's danielle lee is on capitol hill with more on the president's house call today and with the latest on what both sides are prescribing. danielle? >> reporter: pat, president obama said he's trying to highlight the impact of those tax hikes on the middle class. on capitol hill, there's growing pressure to stop the campaigning and sit down face-to-face. avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tiffany had used twitter to tell the president her family can't afford a tax increase. and the white house released this
of santa barbara. caller: we are in california here. we have gone over the fiscal cliff here. we are billions of dollars in debt. democrats and the labor unions are bankrupting this state. so democrat parties are so good why are we bankrupt? don't you think it's time that the unions instead of spending billions of dollars on political campaigns, give that money back to the membership so they can pay their own way? and as taxpayers and people like me that live on a fixed income don't have to be taxed out of our homes and lose the money we work hard to make? host: mr. welch. guest: first of all you have worked hard and -- but a couple things. number one, i can't comment on the california situation. i just don't know enough about it. although the reports are things are starting to turn around a little bit there. and it's very tough to pass a budget when you've got that superis majority requirement. number two -- supermajority requirement. number two, how we got here, it's not unions. the wages for americans have been going down for the past 10, 15 years. people are not keeping up wi
to avoid the so-called fiscal cliff. president obama and house speaker john boehner spoke by phone for the first time in days. no details on that conversation. the two sides are at a state mail over raising attacks on incomes over $250,000. an international news alert. there are fears that the syrian government is getting ready to drop a nerve gas on his own people. the gas is being mixed in bombs for potential use. as ainsley earhart reports, the united states is promising consequences for the gas is excused against the syrian people. >> reporter: it appears there has been an alarming escalation in the syrian civil war, the country's government preparing nerve gas bombs and awaiting the orders from president assad to use them. u.s. officials relying on surveillance said there was no evidence that this had begun. >> we have sent an up mistakeable message that this would cross a red line and those responsible would be held to account. >> reporter: a senior u.s. official telling fox the gas bombs must be used within 60 days in order to be viable inform deployed. the gas could till th
a little tap dancing waiting. i don't know if they were working on that fiscal cliff, whatever, but the peaceful side of things was the lighting of the tree and it was really beautiful and special for a couple other reasons. it marked the 90th year for the tree lighting and that means that every president since calvin coolidge, oh, i remember when he lit that one, too, we've been lighting the trees ever since. after the lighting the president directed some of his remarks to the victims of hurricane sandy. >> and this holiday season is especially difficult for families who lost everything in the storm. but it's also a time for us to be grateful for the heroism and perseverance of ordinary men and women in the storm's path who have showed us that americans will always be stronger than the challenges that we face. >> well, what i liked about watching and listening today was that you didn't issue the combover alert, so your hair was blowing over to one side. >> thank heavens. it was definitely chilly, but it's been way colder other years, so that was good, but i saw baby face edmon
obama said the approaching fiscal cliff will add to the holiday stress for american families. the president did not meet with congressional leaders on the fiscal cliff, instead, he met with a local middle class family. danielle lee joins us from capitol hill. danielle? >> reporter: doreen, president obama said he's highlighting the impact of tax heights on the middle class. there's growing pressure to stop the campaigning and sit down face to face. avoiding the bickering on capitol hill today, president obama headed to northern virginia. he sat down with tiffany santana and her family to put a face on the fiscal cliff. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: tef any had used twitter to tell the president her family can't afford a tax increase. and the white house released this video. >> $2,000 for me would be paying a month's rent. >> reporter: back in washington, more gridlock. >> it's up to the republicans to decide ho
the fiscal cliff comes. lawmakers now have less than a month to compromise and to avoid a year-end deadline that would trigger massive spending cuts and tax hikes for just about everybody. behind-the-scenes negotiations at a stalemate. both sides went public yesterday on the sunday morning shows to make their cases. treasury secretary tim geithner predicted republicans would eventually come around to accept a tax increase on the highest earners. >> you think we'll get a deal by the end of the year? >> i do. i do. the only thing standing in the way of that would be a refusal by republicans to accept that rates are going to have to go up on the wealthiest americans. and i don't really see them doing that. >> if the republicans say sorry, no way are we going to raise rates on the wealthy, you guys are willing to go off the fiscal cliff? >> if republicans are not willing to let rates go back up, and we think they should go back to the clinton levels, a time when the american economy is doing exceptionally well, then there will not be an agreement. >> but house speaker john bigger is digging in
if the nation goes over the fiscal cliff. >> we must never lose site of that if recovering from sandy is not a local issue but a national matter. >> and lawmakers from areas affected by sandy ask the federal government for more help. gary. >> and thank you, will. it's been cold today even with the sunshine. and, of course, sue just alluded to the fact that it's real chilly out there tonight to light the tree. it's got to be chilly when you light the tree, right? a first look at the forecast and how cold it's going to be this evening, and we'll start talking about a little cold rain coming across and coming up with the forecast. the news will continue, to to. stay with us.  . >>> president obama visited foster's, virginia, earlier today, pitching his plan to end the standoff over the fiscal cliff. meantime on capitol hill, lawmakers began talking about what will and won't happen if a deal can't be reached in 25 days. tom fitzgerald is following it all. tom, the president stay on the hard sell today. >> reporter: he has, shawn. while the president has kept his distance
political asylum in latin america if assad is forced to flee syria. >>> with the fiscal cliff approaching, the pentagon is already planning major cuts. if a deal cannot be reached, $500 billion in jobs and programs will be cut. the pentagon spokesman says those cuts could force the defense department to abandon its new military strat george mitchell it's also likely to affect spending, as well as how the military provides for troops and their families. >>> this morning, signs that there may actually be movement on the fiscal cliff talks. kayla is live with that. >> reporter: a little bit of movement potentially. president obama and house speaker john boehner spoke by phone yesterday as democrats and republicans continue to dig their heels in over this budget standoff. there's been no announcement of any new face the face talks as lawmakers try to reach a deal to avoid the so called fiscal cliff in january. treasury secretary tim geithner tells cnbc republicans have made a little progress, but the obama administration is "absolutely ready to go over the cliff if the gop doesn't agree to ra
viewers like you. thank you. >> woodruff: with 25 days left until the year-end fiscal cliff, and just 19 days until christmas, president obama warned lawmakers today not to add to the holiday pressures americans already feel, by letting the political stalemate drag on. but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boe
you to spend $400 this holiday season. on one item. >> the showdown over the fiscal cliff. a new poll suggests president obama has the american people's support when it comes to taxing the wealthy. this poll shows nearly half of those surveyed once bush eras tax cuts to expire for those making more than $250,000 a year. the poll was taken last weekend. the questions did lean more to the men -- to the democratic party. eric cantor says republicans want to sit down with the president and talk specifics. president obama spoke with business executives, calling for a balanced approach combining taxes with cuts. the president rejected a gop counter offer, which targeted government cuts but did not add any new taxes. if the deal is not reached by january 1, everyone's taxes will go up and automatic spending cuts will go into affect. >> starbucks makes news for two reasons. why they want you to spend $450 this holiday season for one product. >> a would-be thief sets off a bomb next to an atm. what wins? pictures that will show you. >> feeling like >> ready ms from the district. police are loo
go over that fiscal cliff. you can get alerts sent straight to your phone about all of our fiscal cliff notes by texting the cliff to 25543. >>> more than $2 billion, that is the staggering amount of money spent on the presidential campaign according on campaign finance records. that includes nearly $86 million in fund raising by mitt romney's campaign in the final weeks of the election. a good portion was used on media ads. >>> one of the senate's most outspoken conservatives jim demint is stepping down. he's giving up his senate seat to run the conservative heritage foundation. deminute has been an influential member of the tea party movement. his announcement could have repercussions not only in the senate but in republican primaries across the country. >>> egyptian president mohamed morsi is not backing down. demonstrators continue to protest his decision to declare his laws above judicial review. morsi addressed the nation thursday and refused to delay a referendum on the country's new constitution set for next week. >>> the united states is closely monitoring the syrian army
in virginia. no issues to the beltway. richard, over to you. >>> the edge of the fiscal cliff is just 25 days away, but today lawmakers are headed home for a long weekend with no meetings on the looming crisis planned. yesterday's negotiations cons t consisted of a phone call between president obama and house speaker john boehner. both are still sticking so their separate plans. the president raises taxes on the top 2% to raise 1.6 billion in revenue while the gop wants to close tax loopholes to raise half as much. >> there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> we can probably solve this in about a week. it's not that tough. but we need that breakthrough that says we need to do a balanced plan. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year, to get their way on tax and spending cuts. the pentagon is also preparing to make cuts if no deal is reached. the preliminary plan is to cut $500 billion
story, the fiscal cliff debate. and fox 5 learned that president obama and john boehner spoke on the issue today, but the results have not been made public. the white house is asking federal agencies to plan for $100 billion in spending cuts and that is what happened if not resolved. administration believes the deal will be done. john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending and, i believe, it's super flowous. >> and that is a law, higher rates to go up for the 2072%, including all of you. yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night d
, gary. >>> president obama says the approaching fiscal cliff is going to add some stress for a lot of american families over this holiday season. there are just 25 days to go now until the tax hikes and the budget cuts go into effect. that is unless our leaders can make a deal. the white house has made it clear, we could go over that cliff if republicans refuse to raise tax rates on the top 2% of american earners. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives awe sense of the costs involved in very personal terms. >> now, from the republican perspective they say they would like to close some loopholes and eliminate tax breaks but they insist that the bush-era tax cuts must be extended for all americans. >>> new at 11:00, president obama on the phone with the president of egypt, pressing him about protests that have now turned deadly. here's the scene in cairo. at least six people dead, hundreds more injured. the trouble all started when morrisey granted himself broad new powers. hat grown worse after he
bag, he found a .22- caliber handgun. the gun was not loaded. >>> president obama took the fiscal cliff to virginia today. he visited a home in fall's church to talk with one family about how ending the bush-era tax cuts for the middle class would affect them. the high school teacher tiffany santana shares the house with her parents, her husband and her son. she recently contacted the white house about how paying $2,200 more in taxes would hurt them financially. >> if this family has a couple of thousand dollars left to spend, that translates into $200 billion of less consumer spending next year and that is bad for businesses large and small. >> president obama said that he supports keeping the bush-era tax cuts for the middle class but ending them on incomes over $250,000. lawmakers have until january 1st to strike a deal. >>> just a short time ago the national christmas tree was lit. president obama and the first family joined a star-studded cast to help usher in the holiday season. sue palka was there and joins us live tonight from the ellip
the fiscal cliff. lawmakers have until december 31st to reach a deal to avoid dramatic tax heights and budget cuts. the president wants higher taxes on people making more than $250,000 a year. to make up $1.6 trillion in 10 years. republicans want to close loopholes, make half as much money and not raise taxes. >>> businessman greg hall files an appeal. neither should get the seat. the democratic central committee has nominated hall to replace alston. the judge ruled that governor omaley will pick the next one. >> a court battle between a home contractor and an unhappy customer. a judge in fairfax county has ordered a woman, the homeowner, to remove parts of her posts on yelp and on angie's list. jane perez is the homeowner. she complained about repairs. she also claimed that some of her jewelry disappeared while the contractor had the only other key to her home. the contractor is named christopher dietz. the judge says that the woman's po posts about her jewelry goes too far and she has to remove that part of her accusation. >> people have a right to write a review that's honest and truthful
, to meet with the middle class family that will feel the impact of the fiscal cliff. as danielle nottingham reports for wjz from washington, outside, groups are turning up the pressure for congress and the president to reach a deal. >> representative maloney. >> reporter: lawmakers are gettingang earful about why they need to avoid the so- called fiscal cliff. >> you gotta nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. >> a couple thousand dollars means a couple months rent. for this family. >> reporter: the white house has made clear, the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> for them to be burdened, unnecessarily because democrats and republicans aren't coming together to solve this problem, gives you a sense of the costs involved in very personal terms. >> reporter: republican leaders say they will close loopholes and eliminate tax
of sandy. they feel the unemployment rate will remain at 7.9%. they're also concerned that the fiscal cliff is keeping jobs from hiring. vice president joe biden will have lunch with a group of middle class americans. their taxes could sky rocket if congress and president obama don't reach an agreement on a budget by the end of the year. the white house has highlighted several middle class families' struggles in making the case for a deal. >>> in syria tensioned at a boiling point between rebels and the government. syrian rebels have declared damascus international airport a military target, warning civilians and airlines not to approach it. this comes as reports of the government preparing to use chemical weapons on the civilians there. since march of 2011, 40,000 people have been killed in the country's civil war. >>> a u.s. capitol police officer is in the hospital this morning after being hit by a car. this happened around 8:30 last night around massachusetts avenue in northeast washington. we're told the officer was hit during a traffic stop. her condition has not been released. so far
they can hear every car. >> all right. >>> fiscal cliff challenge today. house speaker john boehner said if the president does not like the republican offer, he should present a credible plan of his own that can pass both houses. meanwhile, the white house said tonight president obama has a two-step plan. the first is to extend the middle class tax cuts while allowing cuts for the wealthiest americans to expire. the second is to call for tax reform by august 1st of next year. in the meantime, the nation's debt ceiling is looming in january. the president's warning republicans not to include any debt limit concessions in their fiscal cliff strategy. >>> we have had a lovely week around here. but it's time to get back to a little december reality. >> would you look at that. veronica has a look at another change coming our way. what about it, veronica? >> do you like that sunset? isn't that gorgeous? >> it's lovely. >> fiery red there on the horizon. and not a bad day. the wind picked up a bit. that northwesterly wind behind the cold front that came through very early this morning. high tem
fiscal cliff. the president met with high schoolteacher tiffany santana and her husband and parents. tiffany wrote to the white house in a social media campaign to talk about looming -- how the looming tax increases would impact middle class families if the lawmakers don't reach a deal by the end of the month. >> so it would be more like a $4,000 tax increase for us. which would be relatively devastating for our family. so i wanted to share that with the white house. i wasn't sure i was going to get a response. but i did want to at least make my voice heard. >> news4's julie carey sat down with the santanas. she'll have more on why they said hosting the president was overwhelming. that's coming up at news4 at 6:00. >>> an effort to end serious violence, civil war moved forward today. secretary of state hillary clinton met with russia's foreign minister and syria's u.n. peace envoy to try to negotiate a peace strategy. they reportedly met for about 40 minutes in dublin to talk about how the start of political transition. this comes after defense secretary leon panetta warned syrian p
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